Jito 代币持有者将根据 TipRouter 提案获得发薪日

Jito 经济轨道的重组正在进行中。

A new proposal on the Jito network would see tips paid out to JTO holders.

Jito 网络上的一项新提案将向 JTO 持有者支付小费。

Tips are paid by users of Jito Labs' network, which is designed to make Solana crypto transactions more efficient. As a result of the tips, billions of dollars in crypto value already flows through the Jito network each year.

小费由 Jito Labs 网络的用户支付，该网络旨在使 Solana 加密交易更加高效。由于这些提示，每年已有数十亿美元的加密货币价值流经 Jito 网络。

Historically, Jito Labs has overseen the distribution of those tips to validators that run Jito software. However, a new setup called the TipRouter would spread that burden across a network of node operators. They will be tasked with reaching consensus on who gets a piece of the $15 million tips that Jito generates every few days.

从历史上看，Jito Labs 一直负责监督这些提示向运行 Jito 软件的验证者的分发。然而，一种名为 TipRouter 的新设置会将这一负担分散到节点运营商网络上。他们的任务是就谁能从 Jito 每隔几天产生的 1500 万美元小费中分得一杯羹达成共识。

In return, those node operators will get a taste of the tips. And so too will JTO holders who grant them legitimacy by staking their assets with them, assuming the new governance proposal JTO-10 is adopted.

作为回报，这些节点操作员将获得一些技巧。假设新的治理提案 JTO-10 获得通过，JTO 持有者也会通过抵押资产来赋予他们合法性。

The proposed system leans on two of Jito's recent headline-grabbing plays. First, its decision over the summer to build a restaking network for Solana. Second, its embrace of a new type of governance model called futarchy that empowers markets, instead of tokens and votes.

拟议的系统依赖于 Jito 最近引人注目的两部戏剧。首先，它在夏天决定为 Solana 建立一个重新质押网络。其次，它采用了一种名为 futarchy 的新型治理模式，该模式赋予市场权力，而不是代币和投票。

Jito's governance token JTO was created in the image of most every cryptoasset tied to a DAO: holders vote on proposals, and the more tokens they have, the more power they wield in the DAO. Like most governance tokens, JTO captured no direct economic upside.

Jito 的治理代币 JTO 是按照大多数与 DAO 相关的加密资产的形象创建的：持有者对提案进行投票，他们拥有的代币越多，他们在 DAO 中拥有的权力就越大。与大多数治理代币一样，JTO 没有获得直接的经济优势。

That will change if JTO-10 passes first through Jito's traditional DAO and then is approved at the futarchy-based MetaDAO. Passage there seems all but certain because futarchic models push traders toward the outcome that is most likely to be economically beneficial for the token.

如果 JTO-10 首先通过 Jito 的传统 DAO，然后在基于 futarchy 的 MetaDAO 获得批准，情况将会改变。那里的通过似乎几乎是确定的，因为未来的模型推动交易者走向最有可能对代币经济有利的结果。

Interest in MetaDAO has been steadily building the Solana venn diagram of market nerds who care about decentralized governance, but struggled to catch on more broadly because it's quite complicated to participate in. Jito is MetaDAO's most prominent user and a proposal of this magnitude could drive more engagement with futarchy.

对 MetaDAO 的兴趣一直在稳步构建关心去中心化治理的市场书呆子的 Solana 维恩图，但由于参与起来相当复杂，因此很难在更广泛的范围内流行起来。Jito 是 MetaDAO 最著名的用户，如此大规模的提案可能会推动更多人与futarchy的接触。

The TipRouter setup will also be an early stress test for Jito's restaking setup, one of the first to launch on Solana. Jito Foundation's Brian Smith said the project partly built a restaking setup in order to support the decentralization of the TipRouter.

TipRouter 设置也将是 Jito 重新抵押设置的早期压力测试，这是首批在 Solana 上启动的设置之一。 Jito 基金会的 Brian Smith 表示，该项目部分构建了重新抵押设置，以支持 TipRouter 的去中心化。

"Its a good demonstration that these networks actually have utility, and people are willing to pay to use these networks," he said.

“这很好地证明了这些网络确实具有实用性，人们愿意付费使用这些网络，”他说。

Some critical pieces of the final design won't be ready at launch of Jito restaking and TipRouter. For instance, there won't initially be a slashing mechanism that would punish node operators who attempt to lie about where tip rewards ought to flow. Slashing would cut the JTO that stakers allocated to them.

最终设计的一些关键部分在 Jito restake 和 TipRouter 发布时尚未准备好。例如，最初不会有惩罚机制来惩罚那些试图在小费奖励应该流向的问题上撒谎的节点运营商。削减将削减质押者分配给他们的 JTO。

That would be a costly reversal on a setup that — if all works properly and if current network activity persists — might see $3.6 million in tips flow to node operators and their JTO stakers annually.

这将是一个代价高昂的逆转，如果一切正常并且当前的网络活动持续下去，每年可能会看到 360 万美元的小费流向节点运营商及其 JTO 质押者。

Slashing is a critical element of ensuring economic security in crypto's broader restaking movement. It's also seen as a paradoxically optional piece of early-days design by the biggest proponents of restaking, most notably sector leader and pioneer EigenLayer.

在加密货币更广泛的重新抵押运动中，削减是确保经济安全的关键因素。它也被重新抵押的最大支持者，尤其是行业领导者和先驱 EigenLayer 视为早期设计的一个自相矛盾的可选部分。

Smith said Jito's TipRouter will probably have some sort of slashing mechanism eventually. But there's a lot of "really complicated edge cases" that need to be accounted for in the meantime, he said.

史密斯表示，Jito 的 TipRouter 最终可能会有某种削减机制。但他表示，与此同时，还有很多“非常复杂的边缘情况”需要考虑。

"You can have a carrot and a stick. The carrot is big enough at the moment that we probably don't need a stick," he said.

“你可以胡萝卜加大棒。目前胡萝卜已经足够大了，我们可能不需要大棒，”他说。